Mahavir Devappa Khot vs Sanglu Urban Co-Op.Bank Ltd. And Ors

ik-190400572 Bombay High Court 13 December 2024 • WRIT PETITION NO. 207 OF 2008 • 18 min read

Judges (1)

Counsel (8)

Parties (5)

Case Significance

Mahavir Devappa Khot vs Sanglu Urban Co-Op.Bank Ltd. And Ors is a Bombay High Court decision dated December 13, 2024 (citation: ik-190400572). The petitioner challenged the revision application order arising from a cooperative bank's auction of property under recovery proceedings. He argued that the auction sale in his favour should have been confirmed, but the authorities found procedural irregularities and a prior settlement between the bank and borrower. The Court dismissed the petition under Article 227, finding no grave injustice warranting interference and extending interim status quo for six weeks. The case was heard by Justice Sharmila U. Deshmukh.

Summary

The petitioner challenged the revision application order arising from a cooperative bank's auction of property under recovery proceedings. He argued that the auction sale in his favour should have been confirmed, but the authorities found procedural irregularities and a prior settlement between the bank and borrower. The Court dismissed the petition under Article 227, finding no grave injustice warranting interference and extending interim status quo for six weeks.

What was the outcome of Mahavir Devappa Khot vs Sanglu Urban Co-Op.Bank Ltd. And Ors?

The petitioner challenged the revision application order arising from a cooperative bank's auction of property under recovery proceedings. He argued that the auction sale in his favour should have bee...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-190400572)